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decide he wins either way. he passed it in the house or he will blame going over the fiscal cliff on the republicans if they resist. completely in the driver's seat and he will l decide what is on the table at december 31 at 11:00 at night. >> let's look at the national debt clock. we surpassed the $16 trillion mark. $16.4 trillion. interest on the debt is huge. thereon what bayh boy said recently. >> servicing the debt hard now. this is interest rates at record lows. god forbid something should happen to cause interest rates go up a littlement we have seen nothing yet. interest rates eventually will go up. >> doug: in the negotiations we are ignoring the long-term implications of this. >> people are aware of it. >> part of is it the future generations. the damage that it could do if the interest rate goes up in short-term to the economic interest. the market did not retake alarm we're going over the fiscal cliff. in days to come and the prospects for after the cliff is that the market would say this is alarming that washington can't get the act together. we have to deal with the
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